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Bullboard - Stock Discussion Forum MYM Nutraceuticals Inc MYMMF

MYM Nutraceuticals Inc is a Canada based company engaged in the business of acquiring and developing natural remedies. The company is focused on the medical marijuana business by producing cannabis growing facilities and products.

GREY:MYMMF - Post Discussion

MYM Nutraceuticals Inc > Great Revenue..
View:
Post by Haiku123 on Jan 29, 2021 11:35am

Great Revenue..

Fantastic news and good job mym. They will grow and grow in 2021
Comment by Coastal on Jan 29, 2021 1:58pm
Agreed.  Was hoping for a bigger jump but I think management needs to increase our confidence in them before this stock moves. 
Comment by biketrader98 on Jan 29, 2021 2:17pm
The volume is there, too many sellers given this news.  Quite surprising actually.
Comment by TheBridge on Jan 30, 2021 11:05am
"Quite surprising actually" Would the amount of that great revenue for the quarter cover the management costs? Would 2 quarters of the same great revenue cover management costs? The change in share price and volume of sells points to the answer, even though is was a terrible day on the markets for investors. We're just starting and have one hell of a long way to go before we can earn ...more  
Comment by biketrader98 on Jan 30, 2021 12:37pm
Valid points, I assume the financials would include those costs but I haven't dug into them.  Regardless, 300% revenue growth and profitibility is a great "start" IMO.
Comment by biketrader98 on Jan 30, 2021 12:46pm
Also, if we take 5x revenues as an assumption for Enterprise Value, we should be trading at .35 cents currently.  I think there's room for SP growth now with these results.
Comment by Brainboy16 on Jan 30, 2021 2:22pm
Good News after a long time. I´m happy that MYM take the right steps now. The shareprice reflects this movement not at the moment. I´m with you, and see the shareprice stady moving on with a first target of $0.40 in the next quarter of 2021. Good Luck.
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